Standard Bank now has the second-lowest PayShap fees in the country behind TymeBank, where they remain free.
Browsing: PayInc
PayShap adoption grows, but inconsistent bank fees and limited access still hinder its inclusion ambitions in South Africa.
South Africa’s payments system is at a crossroads – adapt through collaboration and inclusion, or risk being left behind.
The online betting boom has sparked alarm as vulnerable South Africans gamble away their social grants.
PayInc CEO Stephen Linnell tells the TechCentral Show about PayShap progress, South Africa’s digital payments strategy and more.
PayShap Request allows for instant payments using a push notification to a customer’s banking app.
The Reserve Bank wants to accelerate the adoption of digital payments in South Africa.
Banks should review their pricing strategies for PayShap transactions, Standard Bank has said.
BankservAfrica is rebranding as PayInc in a move that signals an intention to reshape South Africa’s digital economy.